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Plaza News + Updates

FHA Single-Unit Condo Approvals

Posted by Plaza Wholesale on September 10, 2020

Help your borrower get that perfect condo when it’s not in an FHA-approved complex. Now, with the Single-Unit Approval process, individual condominium units can be approved for FHA financing even when they aren’t in FHA-approved buildings or projects. It opens up more lending opportunities for you, and more selling opportunities for your agents. And Plaza is here to help you get it done!

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Topics: Wholesale News, FHA Loans, Mini-Correspondent News, Government Loans, Condo Lending

Reverse Jumbo Expands

Posted by Plaza Reverse on September 10, 2020

Plaza’s Reverse Jumbo is now available in Arizona, California, Colorado, Connecticut, Florida, Hawaii, Illinois, New Jersey, Oregon, Texas, and Utah with more states to follow soon. The Reverse Jumbo is a great option for clients in higher-value homes who want to tap into more equity than allowed by the current FHA HECM limits.

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Topics: Wholesale News, Wholesale Program Updates, Jumbo Reverse

Late Night Locks in BREEZE

Posted by Plaza Wholesale on September 10, 2020

Working late? So are we. Plaza brokers can lock loans in our BREEZE LOS until 11:59 PM PT on business days.

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Topics: Wholesale News, BREEZE LOS, Plaza at a Glance